Saturday, July 26, 2025

Update on 2025 Goals

 


1. Pay mortgage down to under $120k. I currently owe just over $135k
I am paying an extra $500 a month on my mortgage. I also hope to get a bigger year end bonus and apply a portion of that to the mortgage this year. 

I am now down to $124,000 and something (need to find the exact number) on my mortgage.

2. Increase contribution to 401k to 10% from 8%
I currently am contributing 8% of my $168k salary. I expect a 5% raise to $176k. I will increase my 401k contribution to 10% of my new salary. 

My raise was to $175K. I increased my 401k contributions to 10%.

3. Increase savings account (Marcus) to $50k, currently at approximately $40k 

I've always had anxiety over job loss. I hope to keep a $50k savings account for my emergency fund and household expenses. 

My savings account is over $50k now.

4. Max out Back door Roth Contributions
Complete!

5. Lose 30lbs
Ugh!

6. Read 12 books
I need to get a count on books read.

7. Take one trip
Done! My friend paid for everything! 

8. Exercise and move more.

Definitely better than last year!

Saturday, July 19, 2025

Net Worth Update July 2025

  


Here's where the numbers stand.

Savings
$5,172 Ally Savings Account (The roof and the hot water heater has been replaced!)

$50,411 Marcus Savings Account 

 $93,196 Retirement- Roth IRA
 111,558 Taxable Brokerage (Retirement)

$23,234 Former Employer 401k

$24,982.23 Current Employer 401k

$15,000 Private Investment 

$5,000 Private Investment 

$25,697 Bank Account 



Home-
$434,300 per zillow

              Total (not including home): $354,250
              Total (including home): $788,550

Liabilities-
Mortgage $126,197


             
                   Total (not including mortgage): $0
                    Total (including mortgage): -$126,197
 


        Total Net Worth(not including mortgage/home):  $354,250                                  
        Total Net Worth(including mortgage/home): $662,353

Net worth, not including mortgage/home, increased by $10,693 from January 2025 (last net worth update)
Net worth, including mortgage/home, increased by $25,889 from January 2025 (last net worth update)

Notes- home value increased by approximately $6k. 

           mortgage paid down by approximately $9k